10 ordspråk av Mark Keenan

Mark Keenan

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Certainly for product prices, the only way is up.

Seventy dollars a barrel is a level that has invoked a political reaction.

Something is going to have to give.

I would expect more buying certainly from the trend-following fund community, a new high will attract a degree of momentum buying.

Over time, over history, it has always been a market that people have turned to when there has been an element of uncertainty in other asset classes. It's a question of diversification.

Certainly this is saying that Shell is going to miss some deliveries after the explosion. It's a question of how long the delays will last, but 180,000 barrels per day is not that big.

There is very little demand for heating oil at the moment as a function of the weather.

It's a function of the lack of investment in infrastructure.

Gold is really looking good now and seems to have a clear upside objective. You've got three of the strongest fundamental drivers of gold that are currently converging so it is very difficult to make a bearish case for it at the moment.

The market is so delicately balanced. It faces a convergence of bullish factors.

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